airlines: New airline rules in favor of the traveler! - 08/25/11 10:44 AM
 
Finally, a bill of rights for the passengers! The Department of Transportation finalized a set of new regulations that took effect on Tuesday in favor of travelers.  Passengers will be compensated for lost luggage, short delays and/or getting bumped off flights, for up to four times the ticket value. Also, these rules will force airlines to display any and all fees on their websites, and allow passengers to hold and return a ticket within 24 hours without a penalty. In addition, it will limit the amount of time a plane sits on the tarmac.
This is great news for the consumer since ticket prices … (1 comments)

airlines: How Important is a Vacation in Your Opinion? - 09/26/09 09:07 AM

How important is a vacation to you?
Surveys show that vacation is more important for younger generations.
Below is the percentage, by age, who said "taking a vacation is very important"...
Age 18-34 -- 74%
Age 35-54 -- 66%
55 and older -- 61%
I wonder if this is an age related phenomenon, or if it has to do with this generation of young people. It seems to me the 35-54 age group would have more money for a vacation and need it more as a stress reliever.
Would you consider taking vacation to be not important, somewhat improtant, or very … (7 comments)

airlines: Reports to Watch for in the Coming Week... - 08/31/08 04:55 PM
Next Week: is a Short Week with the Monday Holiday but:  Watch for the jobs report and hope we don't get too close to 6% unemployment.  Watch for a potential strike at Boeing.  Watch for storms that could impact the price of oil.
Last week:  Ouch...Alitalia Airlines filed for bankruptcy protection.  Ooooh, Microsoft bought Greenfield Online, a European shopping-comparison web site.  Oh my, Tiffany's reported 2nd quarter profit doubling from last year (go figure), while Oh no, Sears reported a 62% drop in profits.  Fannie Mae is all shook up with upper management exiting.
Happy Labor Day everyone!
Thank you for … (3 comments)

airlines: Airlines Making Bank...on Baggage! - 03/23/08 06:40 PM
Airlines are struggling to make a buck, and it shows. With a soft economy (nice words for recession) and rising fuel costs, airlines are getting squeezed.  So, you better squeeze more things into one piece of luggage, because they found a way to make some supplemental income.
Airlines (and many of them) are charging for overweight baggage, a second piece of luggage and I wish you luck if you're considering a third piece of luggage.  The fees can be hefty ($50 per bag) and when traveling as a family it can add up quickly to penalize the group of travelers whose only … (3 comments)

 
Michael A. Caruso (Surterre Properties)

Michael A. Caruso

Laguna Niguel, CA

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